Understanding Authored Documents

Supplier Contract Management can be used to

• Access the document authoring system, where you can create and maintain authored documents that work with a variety of source transactions.

• Manage the life cycle of an authored document status, version, and amendments.

• Define authored document agreements (deliverables) at the header level and line-item level so that the system uses the related clauses in authored documents.

• Update and monitor authored document header and line agreements to ensure compliance with the source transaction.

• Use source transaction metrics to track and analyze supplier performance.

• Syndicate authored documents to remote systems.

• Notify buyers when authored documents expire, exceed their maximum monetary amount, or exceed their maximum spend threshold monetary amount.